Part of a wide-ranging skills programme aimed at training 800 youngsters, the project involves Alhaji Dangote sponsoring the trainees. Today, the first batch of 50 leave for India and over the next 24 months more Nigerians will leave for the Asian giant, which has the largest refinery in the world.
Jamnagar Refinery Reliance Industries, the world’s largest refinery, is located in India and producers as much as 1.2m barrels of crude oil per day. It is to this facility that the trainees will be sent as part of a programme to create employment within the Nigerian economy, rather than importing expatriates to run Alhaji Dangote's planned first private refinery.
Alhaji Dangote is set to build the first private refinery in Nigeria worth has been estimated $9bn, projected to have a refining capacity of about 500,000 to 650,000 barrels per day. It will not only refine crude oil into petrol but also process products like plastics, lubricants and manufacture other by-products.
“After receiving a private licence to build a refinery, Dangote Industries has commenced the building of a 650,000 barrel per day petroleum refinery, which will be the single largest in the world. The refinery would have a larger capacity than all of all Nigerian National Petroleum Corporation refineries put together,” Alhaji Dangote added.
Under the fast track plan being put together by the conglomerate the refinery would be ready to meet the nation’s petrol need by 2018. Despite being a major oil producer with a daily output of about 2.5m barrels a day, Nigeria suffers from chronic petrol shortages due to limited refining capacity.
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